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- Viacom18 will also transfer its media operations to Digital18 for a consideration of Rs 2,769 crore in the form of an allotment of 2.76 billion fully paid-up shares of Rs 10 each.
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May 17, 2024 · Viacom18 will also transfer its media operations to Digital18 for a consideration of Rs 2,769 crore in the form of an allotment of 2.76 billion fully paid-up shares of Rs 10 each. Digital18 will then transfer Viacom18 assets to Star India, which will allot proportionate shares among all Digital18 shareholders.
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Recently, the Mumbai bench of the NCLT admitted the merger...
- Viacom18, Star India move CCI for merger approval - The ...
May 23, 2024 · The proposed scheme involves, (1) transfer of Media Operations Undertaking from Viacom18 to Digital18, (2) transfer of Jio Cinema Undertaking from Viacom18 to Digital18 and (3) demerger, transfer and vesting of V18 Undertaking from Digital18 into Star India.
As part of the agreement, Viacom18 will transfer its streaming platform JioCinema to Digital18 for Rs 24,186 crore and its media operations for Rs 2,769 crore. Following the transfer, Star...
5 days ago · Additionally, Viacom18 will transfer its media operations to Digital18 in return for Rs 2,769 crore, which would be paid for by issuing 2.76 billion fully paid-up shares at a price of Rs 10 per. After Digital18 transfers Viacom18 assets to Star India, all Digital18 stakeholders will receive equal shares.
May 17, 2024 · As part of this transaction, Viacom18 will transfer the streaming platform JioCinema to Digital18 in exchange for Rs 24,186 crore, paid through the allotment of 24.18 billion fully paid-up shares of Rs 10 each. In addition, Viacom18 will transfer its media operations and services to Digital18 for Rs 2,769 crore, also in the form of shares.
May 21, 2024 · Additionally, Viacom18 will transfer its media operations to Digital18 for a consideration of Rs 2,769 crore in the form of fully paid-up shares. The shareholding structure...
